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Cheap Homes in Jerome, MO 65529

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Jerome, MO Foreclosures

How much do homes sell for in Jerome, MO?
The average home price is currently $140,336.
What’s the average rental cost in Jerome, MO?
The average rental price in Jerome is $942.
What is the most expensive home in Jerome?
The most expensive home sold in Jerome had a price of $655,736.
What is currently the cheapest priced home in Jerome, MO?
The cheapest home for sale in Jerome is priced at $41,594.

Living in Jerome, MO

Jerome, MO, is a quaint rural town known for its tight-knit community and serene environment. With a variety of outdoor activities available, it's perfect for nature lovers. The area offers a comfortable lifestyle with essential amenities just a short drive away.

Current Market Conditions in Jerome, MO

Currently, the real estate market in Jerome, MO, is stable with a slight increase in home prices due to ongoing demand from individuals seeking quiet, rural living. The community's appeal has grown as more people seek refuge from urban areas, leading to a modest rise in property values.

The number of homes for sale is relatively low, creating a competitive market. Buyers might find it challenging to secure a property at a desired price, leading to quicker sales and some homes selling above the asking price.

Home Value Estimator For Jerome, MO

There are currently 83 real estate properties in Jerome, MO, with a median automated valuation model (AVM) price of $127,885.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jerome, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jerome, MO, is $140,336.00, with the most expensive house in Jerome, MO, topping out at $655,736.00 and the cheapest home in Jerome, MO, clocking in at $41,594.00. In other words, there’s something for every potential homebuyer or savvy investor in Jerome, MO!

Rent Prices In Jerome, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jerome, MO, is on a rollercoaster ride. The average rent price in Jerome, MO, is $942.00. Indeed, when looking to rent in Jerome, MO, you can expect to pay as little as $590.00 or as much as $1,710.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Jerome, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Jerome, MO 65529


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